Profitable Award-Winning Gym with Loyal Membership & Prime Location

Baltimore, Maryland, US, ID 284149

Profitable Award-Winning Gym with Loyal Membership & Prime Location 1
Profitable Award-Winning Gym with Loyal Membership & Prime Location 1
Asking price:
On request
Owner
Private Person

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Description

A turnkey business in a premium Federal Hill location. This is a rare opportunity to acquire one of Baltimore's longest established independent fitness clubs, serving the vibrant Federal Hill community for more than twenty four years. This opportunity is intended for qualified all cash buyers who plan to be owner operators. Financing contingencies and absentee ownership will not be considered. The club has built a loyal membership base, a strong local reputation, and consistent recurring revenue in one of Baltimore's most desirable neighborhoods. The club occupies approximately six thousand two hundred square feet in a unique industrial style facility featuring renovated locker rooms, strength and functional training areas, cardio equipment, group fitness space, and personal training facilities. Located adjacent to Cross Street Market with convenient garage parking, the business benefits from exceptional visibility and walkability. The business generates approximately four hundred ten thousand dollars or more in annual revenue, with the majority coming from recurring monthly memberships supplemented by personal training and small group training. The recurring membership model provides stable, predictable cash flow while offering meaningful upside through expanded personal training, corporate wellness, youth programs, specialty classes, nutrition coaching, and community partnerships.This business is ideally suited for a fitness professional, personal trainer, entrepreneur, or experienced operator who wants to own and actively manage an established club with significant growth potential. An engaged owner operator can build on the strong foundation already in place while benefiting from an established membership base and documented operating systems. The current owner has invested significantly in equipment, renovations, systems, and operating procedures. The sale includes established software systems, documented processes, marketing assets, vendor relationships, and an experienced member community, providing a smooth transition for new ownership. The seller is committed to a successful transition and will provide training and support to the new owner.A new long term lease is available, and the landlord is committed to the continued success of the location. To respect the privacy of members and staff, all inquiries will be handled confidentially. Additional financial information, membership metrics, and operational details will be provided to qualified buyers after execution of a confidentiality agreement and verification of financial capability.All systems are web based. All procurement is web based. Financials are clean, organized, and professionally maintained. The club uses industry standard member management software. There is no deferred maintenance. The club achieves first page search results and is highly rated by clients. There is significant upside from growing the training business after purchase.

Details

Real Estate: Lease
Employees (ppl): 14
Reason for selling: Health or personal issues
Support from seller: Consultancy available
Square m2: 1905

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